Phemex
DeepcoinIn short: the difference
How Phemex differs from Deepcoin
Phemex is a venue built for leveraged trading. On the market since 2019, jurisdiction: Samoa.
Deepcoin is an exchange that lives on leverage. On the market since 2018, jurisdiction: Seychelles, its own DEEP token.
What Phemex gives you
The terminal is strong on contracts, but Phemex has its own ground: A derivatives venue founded by people from bank trading desks. A hundred and fifty spot pairs and a hundred and twenty perpetuals, each with its own funding rate. There is savings, copy trading and trading bots. The book is even and the data is served openly, which makes its prices sound to compare with other venues.
Where Phemex is strong
an even book, open data, the funding interval stated per contract.
What Deepcoin gives you
Next to a derivatives terminal, Deepcoin answers with something else: A derivatives venue since 2018: 447 perpetual markets, 166 spot pairs, copy trading in its own top-level menu. The coin reference shows the withdrawal fee and the minimum for each chain.
Where Deepcoin is strong
OKX-style data format, withdrawal fees and minimums per chain, 447 perpetual markets.
What decides it
Fees, withdrawals and limits: where the gap shows
- Jurisdiction. Phemex sits in Samoa, Deepcoin in Seychelles. It shapes both the checks you pass and what the venue has to disclose.
- Native token. DEEP on Deepcoin cuts fees and opens launches; Phemex has no such lever.
- Strengths side by side. Phemex: an even book, open data, the funding interval stated per contract; Deepcoin: OKX-style data format, withdrawal fees and minimums per chain, 447 perpetual markets.
- Which job. Phemex is as an additional venue in cross-exchange routes and funding, while Deepcoin is as the second side in spot routes and a source of contract prices.
- Worth remembering. Phemex: a narrow listing next to the Asian venues. Deepcoin: funding rates are not published openly, so the venue is absent from the funding section; the network reference needs a key and serves one coin per request.
Which one fits you
Who Phemex suits
Phemex — as an additional venue in cross-exchange routes and funding.
Who Deepcoin suits
Deepcoin — as the second side in spot routes and a source of contract prices.
What people ask most
Questions about Phemex
Phemex: What makes Phemex useful for routes? An even order book and fast fills. As a secondary venue it gives you a second price to compare against, rather than another hundred coins with empty books.
Phemex: What is the funding interval on Phemex? Eight hours for most contracts, and the exchange states it per contract. Our funding section annualises from the real interval rather than assuming eight hours.
Phemex: Does Phemex take part in your spot arbitrage? Yes. The venue serves its order book for every pair in one list, so comparing its prices with other venues is sound.
Questions about Deepcoin
Deepcoin: What are Deepcoin fees? Per CoinMarketCap and CoinGecko: perpetuals 0.04% maker and 0.06% taker, spot around 0.1%. The rate then drops by turnover tiers and DEEP holdings; read your exact rate in the account.
Deepcoin: Is Deepcoin part of the transfer check? Yes. We read its withdrawal settings and the per-coin deposit chain list, so routes through Deepcoin pass the same transfer check as the majors.
Deepcoin: How much does a USDT withdrawal from Deepcoin cost? It is 1.5 USDT on TRON, BNB Chain, Arbitrum and Solana and 2 USDT on Ethereum, with a 10 minimum — one of the cheaper transfers among the venues we cover, and with almost no spread between chains.
Both at once
When it makes sense to keep accounts on both Phemex and Deepcoin
Keeping both costs less than it seems: signing up is free, and a choice of two quotes usually beats one. Keeping both pays off on funding: the rate on the same pair diverges between venues, and that gap is exactly what a delta-neutral pair earns.
Live numbers
Live Phemex and Deepcoin prices side by side
The figures above do not come from marketing pages: we compute them from the same market snapshots as the rest of the site. Phemex and Deepcoin can be compared on facts rather than promises.
Where these numbers come from
Prices are read straight from the venues and refresh automatically. There is no averaged rate here: each exchange has its own, which is why both are shown side by side.
How often they refresh
Spot and futures every few seconds; fee tiers and withdrawal networks once a day.
What the numbers say
Where Phemex and Deepcoin diverge the most
Spot comes out level — about 157 USDT pairs either way. Of the two, only Deepcoin publishes a USDT withdrawal price: 1.50, chain TRX.
The source of these values
Pair counts, withdrawal chains, fee tiers and P2P currencies are taken from the venues own public references, not from our judgement. Where a venue does not publish a field, we say so plainly instead of filling in a number.
Date of the last recalculation
Snapshot from 12 November 2026; on the page the figures refresh on every visit.
